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AAR SAYS RAILROAD TRAFFIC LEVELS INDICATE ECONOMIC UPTURN TRENDS

 WASHINGTON, Nov. 3 /PRNewswire/ -- "Railroad traffic levels provide further evidence of the U.S. economic upturn," said Edwin L. Harper, president and chief executive officer of the Association of American Railroads (AAR).
 "Rail traffic levels historically have been used as a reliable indicator of economic activity," Harper noted. "Railroads are setting weekly loading records for new automobiles, lumber and consumer products moving in highway trailers and containers. Loadings of new automobiles and trucks are up by almost 12 percent from their 1992 levels, shipments of lumber have climbed by almost 9 percent, and the movement of highway trailers and containers is running more than 7 percent above 1992 levels."
 -0- 11/3/93
 /CONTACT: Carol B. Perkins of the Association of American Railroads, 202-639-2552/


CO: Association of American Railroads ST: District of Columbia IN: TRN SU: ECO

IH-KD -- DC019 -- 0154 11/03/93 12:38 EST
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Publication:PR Newswire
Date:Nov 3, 1993
Words:146
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